Marti Results Presentation Deck
Price increase in excess of currency devaluation is followed by competitors
USD/TRY Index (Jun 30 = 100)
150
140
130
120
110
Currency devaluation of ~39% 2022 YTD...¹
100
100
Dec'21
110
Mar'22
125
Jun'22
139
Sept' 22
...is reflected in pricing via increases led by Marti and followed
by the market ²
Price of 10 min. scooter ride (TRY)
23
21
19
17
15
13
11
Q4'21
Q1'22
Q2'22
Marti 47%
Comp. 1 40%
Comp. 2 5%
Comp. 3 59%
Q3'22
Source: Company information; and from publicly available information from, in the view of Management, certain competitor's application in the Turkish shared mobility market. 1. Central Bank of the Republic of Turkey forex selling exchange rates of the last business day of the specified month:
https://www.tcmb.gov.tr/wps/wcm/connect/EN/TCMB+EN/Main+Menu/Statistics/Exchange+Rates/Indicative+Exchange+Rates. 2. Istanbul scooter prices are compared in analysis.
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